Oregon's Real Estate Blog

Obama's proposal as currently drafted changes the Mortgage Interest Deduction by reducing the amount of mortgage deductibility on families earning over $250,000.  This would result in even further erosion of home prices and home values.  It would lead to price depreciation and greater distress on...

CNNMoney.com explains the windfall for some home buyers in the economic stimulus bill.  The highlights of the article are as follows: First-time buyers can claim a credit worth $8000 - or 10% of the home's value, whichever is less on their 2008 or 2009 taxes. Unlike the $7500 dollar credit of las...

I received an email from my principal broker on behalf of Oregon Real Estate Agency.  This email was forwarded from the Oregon Real Estate Agency and lists some of the new rules which took effect as of January 1st, 2009.  I have listed one of the new rules I have questions about and hope it does ...